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Below is an in-depth analysis and side-by-side comparison of Ready Decks vs HOCOA including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $144,000 - $213,000 | $101,000 - And Up |
Franchise Fee | $29,000 | $25,900 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 2001 | 1994 |
Year Franchised | 2005 | 1999 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $14500 | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week | - |
Support | - | - |
Marketing | - | - |
Operations | * Franchise can be run from home * Number of employees needed to run franchised unit: 2 * Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Ready Decks has developed an innovative approach to one
of the largest segments of the home improvement market - home
decking. The tools, construction process and equipment
invented by Ready Decks, when used by trained, professional
teams of installers, enable most projects to be completed in a single
day. Other traditional contractors and builders may take much longer. Relatively low start-up costs is just one key ingredient that makes Ready Decks an excellent franchise concept and opportunity.
The Hocoa Franchise Opportunity is perfect for an entrepreneur that wants financial independence without a storefront or inventory. We are a home repair network for homeowners and contractors. You will get complete training, operations manual, marketing plan, artwork and custom management software. HOCOA has been in operation since 1994. Our franchises span from the west to the east coast. Franchise cost includes: *Computer Software Package, custom designed for the operation of HOCOA: *Specified Territory *Marketing Plan *Computer Training Manual *Operations Manual *Artwork and use of Recognized Logo *Support Services *Training Seminar